BABA is another Chinese stock that is catching decent UOA flow and bids today. They have earnings coming up on August 10th and players seem to be positioning themselves ahead of the date.
This looks like some heavy put buying on the heels of the BA earnings reports. I find this move a bit curious given that the technical picture for this stock looks very good with that breakout above the 224.00 level in today's trading session.
We are now seeing some post -earnings bull flow here in NFLX again. It is also basing nicely based on the MR strategy so we could see a move to the upside near term.